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New Horizon Aircraft Ltd

HOVR Technical Analysis Summary (NASDAQ)

Analyze HOVR on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HOVR●NASDAQ
IndustrialsAerospace & Defense
$1.61
$0.06(3.87%)
U.S. Market is Open · 13:15

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HOVR Technical Analysis Summary (NASDAQ)

New Horizon Aircraft Ltd (NASDAQ: HOVR) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.62)
Trend Strength:Weak (ADX: 13.38)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$1.59 – $1.76 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd on the NASDAQ is awaiting a decisive move. Technical conditions suggest New Horizon Aircraft Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 40.62

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 43.14

Neutral
Mid-range signal with no clear trend.

Williams %R: -78.57

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.93

Neutral
Price change is minimal.

Takeaway:New Horizon Aircraft Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.38

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -120.62

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:New Horizon Aircraft Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.76
Middle Band (SMA 20)
$1.68
Lower Band
$1.59
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.85
Middle Line (EMA 20)
$1.70
Lower Channel
$1.54
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume291.27K
Money Flow Index64.77Bullish, inflows support continued momentum.
Relative Vigor Index30.95Bearish, price momentum favors sellers.

Overall Takeaway:HOVR shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of New Horizon Aircraft Ltd (NASDAQ: HOVR), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for New Horizon Aircraft Ltd are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: HOVR) Technical Analysis FAQ